pennant formation on the daily chart
a pennant has been completely formed on the EURUSD daily chart indicating the end of the long consolation period and triggering a strong break-out..
entry price - above the pennant at 1.2350
sl - below the pennant at 1.2215
tp - the size of the mast at 1.3030
this trade has a large risk/reward ration like all the pennant formations..
entry price - above the pennant at 1.2350
sl - below the pennant at 1.2215
tp - the size of the mast at 1.3030
this trade has a large risk/reward ration like all the pennant formations..
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